- Total Issue Size Issue of 13,54,800* Equity Shares aggregating up to ₹ 3,170.23 Lakhs
- Fresh Issue Size- 10,65,000 Equity Shares of Face Value ₹ 10 each aggregating up to ₹ 2,492.10 Lakhs
- Promoter’s Contribution- Issue of up to 2,89,800^ Equity Shares aggregating up to ₹ 678.13 Lakhs
- Share Price – Rs.234 Per Share
- Lot Size 600 Equity Shares and in Multiples thereof
Nukleus Office Solutions Limited (NOSL), a prominent provider of co-working and managed office spaces, has revealed plans to launch its Initial Public Offering (IPO) on February 24, 2025. The IPO aims to raise up to Rs. 3,170.23 Lakhs, with shares set to be listed on the BSE SME platform.
The fresh issue will consist of 10,65,000 equity shares, each with a face value of ₹10, aggregating up to ₹2,492.10 Lakhs. Additionally, promoters will contribute through the issue of up to 2,89,800 equity shares, aggregating up to ₹678.13 Lakhs.
NOSL specializes in offering fully furnished, flexible workspaces, including dedicated desks, private cabins, meeting rooms, and startup zones, catering to a diverse clientele ranging from startups to large enterprises. Presently operating in the Delhi NCR region, the company has ambitious plans to expand its footprint across India. The company also offers fully serviced and managed workspace solutions for enterprises with seat requirements ranging from 50 to 500.
As of December 31, 2024, Nukleus Office Solutions operates 7 centres in the Delhi NCR region, managing 4 Managed Offices with a total of 2,796 seats, serving a broad spectrum of businesses, entrepreneurs, and professionals. The upcoming IPO is expected to fuel the company’s expansion plans and solidify its position in the rapidly growing flexiable workspace market.
Nukleus Office Solutions Limited (NOSL) has unveiled details of its upcoming Initial Public Offering (IPO), scheduled to open on February 24, 2025, and close on February 27, 2025. The company aims to raise up to Rs. 3,170.23 Lakhs, with the issue price set at Rs. 234 per equity share.
The IPO will comprise a total of 13,54,800 shares, including 2,89,800 equity shares contributed by the promoters, and a market maker quota of 53,400 equity shares (5% of the issue). The retail quota and non-retail quota will each constitute 50% of the net issue. The lot size for retail investors is 600 shares, while HNI investors can apply for a minimum of 1,200 shares.
The pre-issue number of shares stands at 26,77,200, which will increase to 40,32,000 shares post-issue. Following the issue, the promoter’s contribution and the net issue will represent 26.42% and 25.09%, respectively, of the post-issue paid-up equity share capital.
The IPO proceeds will be utilized for capital expenditure, security deposits for new centres, enhancing the technology platform, integration of all centres, advertising, and general corporate purposes. Sundae Capital Advisors Private Limited is serving as the lead manager to the issue, while Bigshare Services Private Limited is the registrar, and Nikunj Stock Brokers Limited is the market maker. The tentative listing date for the IPO is March 4, 2025.
Mr. Nipun Gupta, MD Nekleus Office Solutions Ltd, said “We are delighted to announce Our upcoming IPO on BSE SME Platform. We wish to be the premier choice for individuals and businesses seeking flexible, affordable and accessible office solutions PAN India region. We look forward to a great future of the company”.
